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‘Startup Nation’ Groups Say They’re Meeting Trump Officials to Push for Deregulated ‘Freedom Cities’
The architects of projects like Próspera are drafting legislation to create US cities that would be free from federal regulations.
Several groups representing “startup nations”—tech hubs exempt from the taxes and regulations that apply to the countries where they are located—are drafting Congressional legislation to create “freedom cities” in the US that would be similarly free from certain federal laws, WIRED has learned. Since opening on the Honduran island of Roatán in 2020, Próspera has been attracting tech workers and startups by promising low taxes, few regulations, and a businesslike government that considers its citizens to be akin to customers. Many of the industries Allen says he hopes to foster in Freedom Cities–energy, nuclear, semiconductors, and defense technology–are, not coincidentally, ones “a lot of venture [capital] is going towards” as funding moves away from SaaS, digital, and internet consumer brands.
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